The Homestead Community
- Assets
- $483.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gig Harbor, WA
- Founding
- 10/2008
- Data as of
- 12/2021
- EIN
- 26-0680550
Organization Overview
The Homestead Community is located in Gig Harbor, WA. The organization was established in 2008. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homestead Community is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Homestead Community generated $120.5k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $64.8k during the year ending 12/2021. While expenses have increased by 11.3% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Braaten President | 20 | $0 | |
Shiela Off Vice President | 15 | $0 | |
Colleen Bond Treasurer | 15 | $0 | |
Kathy Heerema Director | 5 | $0 | |
Michelle Woods Director | 10 | $0 | |
Brooke Murphy Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,160 |
| Total Program Service Revenue | $48,425 |
| Membership dues | $0 |
| Investment income | $1,305 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,598 |
| Other Revenue | $0 |
| Total Revenue | $120,488 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $566 |
| Other expenses | $64,256 |
| Total expenses | $64,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $202,211 |
| Other assets | $0 |
| Total assets | $483,894 |
| Total liabilities | $191,519 |
| Net assets or fund balances | $292,375 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Homestead Community has recieved totaling $21,360.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $21,335 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Marys Home Beaverton, OR | $26,565,211 | $11,766,857 |
Camelot Society Inc Mountlake Terrace, WA | $3,236,815 | $7,998,336 |
Oregon Mennonite Residential Services Inc Albany, OR | $14,714,035 | $8,078,458 |
Home Life Incorporated Corvallis, OR | $5,343,353 | $5,580,576 |
Tandem Northwest Inc Salem, OR | $2,966,811 | $5,897,071 |
Cch Individualized Support Services Inc Port Angeles, WA | $1,844,738 | $5,836,841 |
Portland Metro Residential Services Portland, OR | $5,898,279 | $5,372,653 |
Chamberlin House Inc Albany, OR | $6,567,055 | $5,283,145 |
Banchero Disability Partners Seattle, WA | $6,256,546 | $6,276,928 |
Parkview Services Lynnwood, WA | $27,346,750 | $4,962,647 |
Eastco Diversified Services Gresham, OR | $2,533,031 | $4,058,242 |
Central Oregon Collective Bend, OR | $6,877,431 | $4,181,551 |